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Satori-now

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Satori-now

Re: stealth06 post# 506

Tuesday, 03/13/2007 9:55:41 AM

Tuesday, March 13, 2007 9:55:41 AM

Post# of 1861
Stealth,

in my books, a 5 for 1 split divides the share price by 5, not 6 ?

After the split, there will be 5 shares for every 1 pre-split share. If the stock was at $4 per share, after the split, each share is worth $0.8, because the company's net assets didn't increase, only the number of outstanding shares.

Right ?

Tame the monkey mind.

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